OKX exchange announced the delisting of UST, LUNA, ANC and MIR

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Bitcoin exchange OKX has suspended operations and delisted perpetual contracts and margin trading with LUNA and the Terra ecosystem-related DeFi protocols Anchor (ANC) and Mirror (MIR) from the list of traded instruments.

The platform will also delist UST-denominated Bitcoin, Ethereum, Avanalche (AVAX), Solana (SOL) and Terra (LUNA) pairs.

“After the collapse of UST, we are seeing an outflow of investment from DeFi protocols. The reality is that centralized exchanges provide a much higher level of user protection,” OKX CEO Lennix Lai told CoinDesk.

On May 12, Binance delisted LUNA perpetual contracts settled in the underlying asset.

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Source: Cryptocurrency

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